Units 1-4 St Thomas Street (North) Sunniside SR1 1QD

LOCATION

Located on St Thomas’ Street within an established commercial area with a broad range of neighbouring businesses and retailers. St Thomas Street lies at the intersection with Fawcett Street, John Street and Frederick Street within the desirable Sunniside Conservation Area. Sunderland City centre is anchored by The Bridges Indoor Shopping Mall within which national multiples are represented such as River Island, H&M, Holland & Barrett and Boots.

The property is near to excellent transport links, lying just south of the A183 and Wearmouth Bridge, offering good access to the A1018 as well as the A19 to the West. Sunderland Railway Station is only moments away and has recently been the subject of a £26 million redevelopment program. Metro links are also just a short walk away with fast links to Newcastle upon Tyne, as well as numerous local bus routes accessible on John St.

Sunderland City centre is currently undergoing a significant transformation underpinned by the Riverside Sunderland development which has seen over 100,000 sq.ft. of Grade A office space newly developed with commitment from Ocado and Royal Sun Alliance. Further information upon the transformation of the city can be found at: https://www.riversidesunderland.com/

 DESCRIPTION

A commercial portfolio of four retail units situated within Sunderland City Centre. Each retail unit is fully self contained with additional benefit of ancillary storage within basement accommodation in part.

Unit 1- Fenome Salon- Trading as local barber shop.

Unit 2- CIY- Comprising long established Asian food market.

Unit 3- Pixie- Comprising a ladies occasion dress shop.

Unit 4-Port Independent- Comprising coffee and clothing shop.

 ACCOMMODATION

We calculate the approximate net internal floor areas to be as follows:

Unit 1 48.5 sq m (522 sq ft)

Unit 2 95 sq m (1,022 sq ft)

Unit 3 93.7 sq m (1,008 sq ft)

Unit 4 93.3 sq m (1,004 sq ft)

Total 330.5 sq m (3,557 sq ft)

 RATING ASSESSMENT

Description RV Estimated Rates Payable

The rateable value of the premises is:

Unit 1- £12,250

Unit 2- £12,250

Unit 3- £10,750

Unit 4- £13,250

This is based on the standard uniform business rates multiplier of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

EPC RATING 

Unit 1- 119E

Unit 2- Awaiting EPC Rating.

Unit 3- 117E

Unit 4- Awaiting EPC Rating.

 VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS

Each party is to bear their own legal costs involved in the transaction.

MONEY LAUNDERING REGULATIONS

In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

 VIEWING

For general enquiries and viewing arrangements please contact the Sunderland office

Tel: 0191 563 4242

Email: Sunderland@bradleyhall.co.uk